From the Desk of Ian Culley @IanCulley
First, gold failed to hold its breakout to new all-time highs.
Then, the silver-to-gold ratio undercut a critical shelf of former lows.
Now, the Gold Miners ETF $GDX is printing a new all-time low versus the broader market!
Is there any sane reason to bet on the miners right now?
Let’s take a look…